Ctrip's most recent trend suggests a bearish bias. One trading opportunity on Ctrip is a Bear Call Spread using a strike $75.00 short call and a strike $80.00 long call offers a potential 33.33% return on risk over the next 10 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $75.00 by expiration. The full premium credit of $1.25 would be kept by the premium seller. The risk of $3.75 would be incurred if the stock rose above the $80.00 long call strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for Ctrip is bearish and the probability of a decline in share price is higher if the stock starts trending.
The 20-day moving average is moving down which suggests that the medium-term momentum for Ctrip is bearish.
The RSI indicator is at 53.94 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Ctrip
Ctrip Responds, Shuts Door On Qunar Acquisition Hopes
Wed, 03 Jun 2015 18:57:00 GMT
Ctrip.com (CTRP) Stock Continues to Decline After Qunar Rejects Bid
Wed, 03 Jun 2015 16:42:00 GMT
Ctrip Responds to a Recent Public Announcement
Wed, 03 Jun 2015 06:49:02 GMT
noodls – SHANGHAI, June 3, 2015 /PRNewswire/ — Ctrip.com International, Ltd. (NASDAQ: CTRP), a leading travel service provider of accommodation reservation, transportation ticketing, packaged tours and corporate …
Ctrip Responds to a Recent Public Announcement
Wed, 03 Jun 2015 06:09:00 GMT
PR Newswire – SHANGHAI, June 3, 2015 /PRNewswire/ — Ctrip.com International, Ltd. (CTRP), a leading travel service provider of accommodation reservation, transportation ticketing, packaged tours and corporate travel management in China (“Ctrip”) today announced that it is no longer interested in pursuing a potential M&A discussion with Qunar Cayman Islands Limited (QUNR) (“Qunar”), given Qunar's recent earnings performance and corporate actions. After being approached by Qunar, Ctrip sent a confidential, non-binding, preliminary proposal to Qunar's board of directors in early May indicating its interest in pursuing a potential transaction with Qunar. Ctrip is confident about its future and its ability to continue to be the most profitable, the largest and fast growing OTA in China based on its years of experiences, innovation and strong operation capability.
Rivals Race to Dominate China’s Online Travel Market
Wed, 03 Jun 2015 04:05:54 GMT
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